Malinda Lithium Project

Arrow Minerals controls over 600km2 of exploration licences in the Gascoyne Region of Western Australia, with a 100% interest in five tenements and one tenement (E09/1618) subject to an earn-in joint venture (Mortimer Hills JV). The Project is being explored for lithium-caesium-tantalum (LCT) pegmatites. In June 2016, Arrow Minerals completed a maiden fieldwork programme, aimed at assessing the fertility of intrusive granitic suites within the Project area to host LCT deposits. Three granite suites were extensively rock chipped and assayed, with the Thirty Three Supersuite demonstrating fertile fractionation trends (Mg/Li and Nb/Ta ratios). Arrow Minerals has secured the majority of the “target zone” which is within 10km of the Thirty Three Supersuite. The Project has a well-developed drainage network suitable to first pass surface geochemical exploration. As a result, the Company undertook a project-wide stream sediment sampling programme with the aim of identifying prospects with LCT pathfinder anomalism.

The pegmatites of the Malinda Lithium Project show evidence of being highly differentiated and zoned which is similar to the Tanco (Canada) and Bikita (Zimbabwe) pegmatites. The Tanco and Bikita pegmatites show considerable internal variation in minerology and chemistry, which is apparent in the Malinda Pegmatites. This style of zoned pegmatite has produced zones of high grades at both Tanco and Bikita.